Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, October 2: The Progressive Corporation (PGR) : This insurance holding company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.3% over the last 60 days. The Progressive Corporation has a PEG ratio of 0.71 compared with 1.36 for the industry. The company possesses a Growth Score of A. BRF S.A. (BRFS) : This meat processing company carries a ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, October 2: BRF S.A. (BRFS) : This meat processing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 62.1% over the last 60 days. BRF S.A. has a price-to-earnings ratio (P/E) of 9.30 compared with 25.20 for the industry. The company possesses a Value Scoreof A. CF Industries Holdings, Inc. (CF) : This hydrogen and nitrogen solutions provi ...

Group 1 - The recommendation is to buy shares of BRF S.A. (NYSE: BRFS) after the release of the company's results at the end of the 2nd quarter [1] - The analysis is based on over 5 years of experience in equity analysis in Latin America, providing in-depth research and insights for informed investment decisions [1]

BRF (BRFS) closed at $4.48 in the latest trading session, marking a -1.32% move from the prior day. The stock's performance was behind the S&P 500's daily loss of 0.13%. Elsewhere, the Dow gained 0.33%, while the tech-heavy Nasdaq lost 0.39%. The chicken, beef and pork producer's shares have seen a decrease of 1.09% over the last month, not keeping up with the Consumer Staples sector's gain of 2.28% and the S&P 500's gain of 2.43%. Analysts and investors alike will be keeping a close eye on the performance ...

Investors interested in Food - Miscellaneous stocks are likely familiar with BRF (BRFS) and Lamb Weston (LW) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our S ...

The most recent trading session ended with BRF (BRFS) standing at $4.60, reflecting a +1.1% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.03% gain on the day. At the same time, the Dow lost 0.04%, and the tech-heavy Nasdaq gained 0.2%. Heading into today, shares of the chicken, beef and pork producer had lost 2.57% over the past month, lagging the Consumer Staples sector's gain of 4.12% and the S&P 500's gain of 1.54% in that time. The upcoming earnings release of BRF ...

Investors might want to bet on BRF (BRFS) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Since a changin ...

Investors interested in Food - Miscellaneous stocks are likely familiar with BRF (BRFS) and Lamb Weston (LW) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to ...

Anthony Lee BRF S.A. (NYSE:BRFS) posted impressive 2Q24 results, with a full margin recovery thanks to improving poultry and pork markets, falling grain prices, and the BRL depreciation. These results have not changed my original thesis on the company: that it was cheap considering the current positive cycle, but not so much when considering the cycleaverage profitability of the company, especially when adding a history of terrible capital allocation decisions. The boost from poultry and swine markets seems ...

Financial Data and Key Metrics Changes - The company reported a significant revenue growth of 22.3% compared to the same period in 2023, achieving an EBITDA of R$2.6 billion with a margin of 17.6% [3][5] - Net income reached almost R$15 billion, a 22% increase year-over-year, with free cash flow performance at R$1.7 billion [5][12] - The gross profit was approximately R$3.9 billion, with a profitability margin of 26.4% [5] Business Line Data and Key Metrics Changes - In Brazil, the EBITDA margin reached 15.7%, with significant growth in processed food categories, particularly in sales volumes [6][14] - The international market saw an improvement in EBITDA margin by 4 percentage points compared to the previous period, driven by recovery in export prices and market diversification [7][14] - The Ingredients and Pet segment reported an EBITDA margin of 11.9%, with a focus on expanding markets and increasing sales of value-added items [8] Market Data and Key Metrics Changes - The domestic market showed strong volume growth, particularly in processed products, despite a recovering consumption environment [6][14] - The international market demonstrated a strong performance, especially in Turkey and GCC, with gains in chicken and pork exports [7][14] - The halal market saw a market share gain of 1.2 percentage points compared to the previous quarter [7] Company Strategy and Development Direction - The company continues to focus on its efficiency journey guided by BRF+ 2.0, which has shown improvements in operating indicators and competitiveness [4][14] - The management model emphasizes capturing opportunities and maintaining a high-performance culture [4][15] - The company is expanding its presence in new markets, having won 57 new licenses in the first half of the year, including access to the UK and Southeast Asia [14][15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the stability of the market, with balanced supply and demand across all locations, including Brazil [19][22] - The future perspectives are positive, with expectations of growth in soybean and corn production, which will support cost competitiveness [22] - The company is prepared to manage challenges, including the recent Newcastle disease, with a strong operational efficiency program in place [34][37] Other Important Information - The company achieved 90% traceability of indirect suppliers in critical biomes and aims for 50% of electricity from clean sources by 2030 [10] - The net debt was reported at R$8.9 billion, with the lowest leverage in nine years, contributing to reduced interest charges [12][11] Q&A Session All Questions and Answers Question: Insights on the international market and future expectations - Management highlighted a stable market with balanced supply and demand, and the importance of new permits in maintaining this balance [19][20] - The company is working on 40 new permits by the end of the year, adding to the 57 new destinations enabled for 2024 [26] Question: Factors affecting supply and market dynamics - Management noted that the current market conditions are stable, with no significant pressure on supply affecting prices [20][28] Question: Cost expectations and inventory levels - The company anticipates marginal room for a fall in feed prices, with ongoing efficiency programs supporting cost reductions [46][47] Question: Impact of Newcastle disease on operations - Management confirmed that markets have reopened, and the company has implemented plans to manage inventory and redirect products effectively [34][36] Question: Volume growth in Brazil and sustainability - The company attributed strong volume growth to improved commercial execution and market demand, with expectations for continued growth in the second half of the year [40][41] Question: Capital allocation and investment strategies - Management indicated a focus on organic growth and maintaining profitability, with potential for increased dividends and share repurchase programs [48][49] Question: Pricing dynamics in the international market - The company emphasized the importance of a robust pricing system and the ability to capitalize on market opportunities through strategic decision-making [50][51]